Wednesday, November 5, 2014

Daytrading is not Investing

Most ideas you see on TV shows about Wall Street have a very short time perspective...One morning oil is plunging, and the next morning it is going to the moon...Daytraders can make money playing with the volatility of the markets, and can serve a useful purpose of providing liquidity to the markets, but never confuse the ideas on tv shows with "investing." No matter how fast you think your computer is, or your mouse handling skills, the program traders are faster...trust me.

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